Delta Manufacturing Ltd, Insecticides India Ltd, N K Industries Ltd and Nila Infrastructures Ltd are among the other losers in the BSE’s ‘B’ group today, 24 February 2023.

Aarti Surfactants Ltd Partly Paidup leads losers in ‘B’ group

Today’s Pick: Insecticides India (₹552): SELL

Total income rose to Rs 356.90 crore in the third quarter of this fiscal year from Rs 314.64 crore in the corresponding period of the previous year, the company said in a regulatory filing.

Insecticides India Q3 profit rises 13% to Rs 9.36 crore

Insecticides India Q3 Profit Rises 13% to Rs 9.36 Crore

Insecticides India consolidated net profit rises 13.44% in the December 2022 quarter

The Union budget to be presented by Finance Minister Nirmala Sitharaman on February 1 should look forward to allocating funds on research and development (R&D), said a top official of Insecticides India Limited.

Budget should allocate funds on R&D to develop pesticides, organic manure

Rajesh Aggarwal, Managing Director, said, ‘This is the first time that this formulation is being manufactured in India’

Insecticides India launches fungicide to tackle ‘Downy Mildew’ in grapes

In an exclusive conversation with CNBC-TV18, Rajesh Aggarwal, Managing Director, Insecticides India, speaks on the firm's H2FY23 outlook and premiumisation plans. Listen in.


#insecticidesindia #H2FY23outlook #Premiumisationplans #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action: https://www.cnbctv18.com/market/

Follow for Top Views News: https://www.cnbctv18.com/views/
Subscribe to our Channel: https://bit.ly/3nvEcxf

Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

n18oc_business

Insecticides India's Rajesh Aggarwal Speaks On The Firm's H2FY23 Outlook | Midcap Radar | CNBC-TV18

Company will bring new solutions through R&D, says MD Rajesh Aggarwal

Insecticides India focussed on offering new patented technologies to farmers

Insecticides India’s net profit, apart from rising on-year, has also jumped sequentially as it stood at Rs 38.3 crore during Q1.

Insecticides India Q2 net profit rises 6.9% YoY to Rs 44.8 crore, revenue up 31%

Insecticides India consolidated net profit rises 7.04% in the September 2022 quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Insecticides (India) Limited is a agrochemicals company. The Company is engaged in the manufacturing activities of agro chemicals, pesticides and technical products for agriculture purposes.